London-based Harmonic Capital Partners, a US$700 million specialist hedge fund manager, has appointed two new partners.

Romael Karam, who came to the company as a trader in 2008, has become a partner. Prior to Harmonic, Karam worked at MAN-Fidex, a multi-asset execution trader. He launched his career at Marshall, French and Lucas 12 years ago, as a futures and options sales trader. As a Harmonic partner, he will be involved in key dealing team decisions (he was made head of dealing in 2009) while overseeing the firm’s trading activities and relationships.

Samir Sheldenkar, who joined Harmonic as a research analyst in 2006, becomes an investment partner. He came to Harmonic from Application Networks, where he was a risk and valuation software engineer. As an investment partner, Sheldenkar will play a key role in investment decisions, working alongside the other investment partners to enhance their macro and currency programs.

Harmonic Capital Partners employs long/short based trading strategies, complemented by directional trading on a systematic basis in a broad range of markets and securities, to offer currency and macro funds.